Friends Of Drummond Inc
- Assets
- $365.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2006
- Data as of
- 12/2023
- EIN
- 76-0787589
Organization Overview
Friends Of Drummond Inc is located in Chicago, IL. The organization was established in 2006. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Drummond Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Friends Of Drummond Inc generated $85.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $110.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE ASSISTANCE TO THE SCHOOL FOR IMPROVED TECHNOLOGY, ADDITIONAL TEACHING ASSISTANTS AND SUPPLIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Andrade President | 10 | $0 | |
Miriam Guerrero Secretary | 10 | $0 | |
Bonnie Clark Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,287 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $44,483 |
| Other Revenue | $0 |
| Total Revenue | $85,770 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,683 |
| Total expenses | $110,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $365,000 |
| Other assets | $0 |
| Total assets | $365,000 |
| Total liabilities | $71,328 |
| Net assets or fund balances | $293,672 |